Who's Wrecking America OWS or the 1%?

[georgephillip]

Progressive economic policies fail every time, no matter the size or scope of the city, state or nation that applies them

Thank-you, Herbert:

"President Hoover steadfastly refused to entertain federal aid, fearing national responsibility more than he feared national unemployment and destitution.

"In a nationwide radio address on October 18, 1931, he said: 'No governmental action, no economic doctrine, no economic plan or project can replace that God-imposed responsibility of the individual man and woman to their neighbors.'"

Bevis Longstreth: Works Progress Administration II

Stop being afraid.

Hoover was a Progressive, thank you for that. FDR Claimed Hoover was a "Socialist"

What year did FDR's policies end the Depression?

"Jelly"...not "Socialist."

"Thousands of World War I veterans and their families demonstrated and camped out in Washington, D.C., during June 1932, calling for immediate payment of a bonus that had been promised by the World War Adjusted Compensation Act in 1924 for payment in 1945..."

"Hoover had sent orders that the Army was to not move on the encampment, but MacArthur chose to ignore the command. Hoover was incensed, but refused to reprimand MacArthur. The entire incident was another devastating negative for Hoover in the 1932 election.

"That led New York governor and Democratic presidential candidate Franklin Roosevelt to declare of Hoover: 'There is nothing inside the man but jelly!'"

Hoover reminds me of Obama.

I don't know if FDR's policies or WWII ended the GD.
What's your take?

Herbert Hoover - Wikipedia, the free encyclopedia

 

[Freedomlover]

You know that one of the Ten Commandments is "thou shalt not covet." If you do not know the meaning of the word covet look it up. The answer to your queation? OWS!

 

[georgephillip]

One cannot be responsibile for that which one does not control.

Who controls America?

Here are a few thousand possible suspects:

"Income is what people earn from work, but also from dividends, interest, and any rents or royalties that are paid to them on properties they own.

"In theory, those who own a great deal of wealth may or may not have high incomes, depending on the returns they receive from their wealth, but in reality those at the very top of the wealth distribution usually have the most income. (But it's important to note that for the rich, most of that income does not come from 'working: in 2008, only 19% of the income reported by the 13,480 individuals or families making over $10 million came from wages and salaries. See Norris, 2010, for more details.)"

Who Rules America: Wealth, Income, and Power

 

[georgephillip]

You know that one of the Ten Commandments is "thou shalt not covet." If you do not know the meaning of the word covet look it up. The answer to your queation? OWS!

"Covet...
(transitive) To wish for with eagerness; to desire possession of, notably enviously; -- also used in a good sense.
(transitive) To long for inordinately or unlawfully; to hanker after (something forbidden).
(intransitive) To yearn, have or indulge inordinate desire, notably for another's possession."

Sounds more like Wall Street, to me.

covet - Wiktionary

 

[georgephillip]

The cause of the size of the divide between the rich and poor is pretty obvious. It's what the parable about the Ant and the Grasshopper was all about.

One man works hard, saves, invests, gets skilled and gets rich. Another lays arounnd smoking dope, drinnking beer and "puts in his time" at work. He's poor. The longer the two people continue their courses of action the richer the rich man will get.

Which category is Jamie Dimon in?

"For example, the CEO of JP Morgan Chase served on the New York Fed's board of directors at the same time that his bank received more than $390 billion in financial assistance from the Fed. Moreover, JP Morgan Chase served as one of the clearing banks for the Fed's emergency lending programs."

The Fed Audit - Newsroom: Bernie Sanders - U.S. Senator for Vermont

 

[OODA_Loop]

Which category is Jamie Dimon in?

"For example, the CEO of JP Morgan Chase served on the New York Fed's board of directors at the same time that his bank received more than $390 billion in financial assistance from the Fed. Moreover, JP Morgan Chase served as one of the clearing banks for the Fed's emergency lending programs."

successful

 

[newpolitics]

I'd say that this is the crux of the problem:

"Over the past decade, earnings for middle-class Americans actually fell. In fact, working Americans’ wages are now a lower percentage of our economy than they’ve ever been..."

Well, then stop electing idiots.

It is not this simple, and actually doesn't matter, when those elected are accepting campaign contributions to corporations and reflect that in their actions while in office, and continue to listen to lobbyists while in office. This system itself is broken, and has nothing to do who you elect. Important politicians are bought by the large corporations, and they are all making money at the top, and anyone who speaks out against it is called a 'progressive.' you need to get your head of our your ass.

 

[georgephillip]

Which category is Jamie Dimon in?

"For example, the CEO of JP Morgan Chase served on the New York Fed's board of directors at the same time that his bank received more than $390 billion in financial assistance from the Fed. Moreover, JP Morgan Chase served as one of the clearing banks for the Fed's emergency lending programs."

successful

As in socialist?

""As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,' said Sanders. 'This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else.'"

The Fed Audit - Newsroom: Bernie Sanders - U.S. Senator for Vermont

 

[eflatminor]

If I'm a major shareholder in a large corporation that lays off thousands of US workers and moves to China, doesn't my gain come at the expense of thousands of productive American workers?

No, your gain comes due to increased productivity and therefore a higher profit margin for the company in which you are an owner. Are you suggesting American companies should be run intentionally inefficient? How is that going to work out in the absence of an isolated economy forbidden to trade internationally?

Besides, when the company in which you are a shareholder increases productivity, you earn a greater return, allowing you to either buy more goods and services, save more money, or make more investments, all of which are job creating actions.

 

[newpolitics]

If I'm a major shareholder in a large corporation that lays off thousands of US workers and moves to China, doesn't my gain come at the expense of thousands of productive American workers?

No, your gain comes due to increased productivity and therefore a higher profit margin for the company in which you are an owner. Are you suggesting American companies should be run intentionally inefficient? How is that going to work out in the absence of an isolated economy forbidden to trade internationally?

Besides, when the company in which you are a shareholder increases productivity, you earn a greater return, allowing you to either buy more goods and services, save more money, or make more investments, all of which are job creating actions.

So short-sighted, and omitting of so much of the reality that comes along with international trade. You focus on only certain aspects that are positive to only a few people, and forget the collateral damage that is IMPOSED on others as a result of this system.

 

[eflatminor]

If I'm a major shareholder in a large corporation that lays off thousands of US workers and moves to China, doesn't my gain come at the expense of thousands of productive American workers?

No, your gain comes due to increased productivity and therefore a higher profit margin for the company in which you are an owner. Are you suggesting American companies should be run intentionally inefficient? How is that going to work out in the absence of an isolated economy forbidden to trade internationally?

Besides, when the company in which you are a shareholder increases productivity, you earn a greater return, allowing you to either buy more goods and services, save more money, or make more investments, all of which are job creating actions.

So short-sighted, and omitting of so much of the reality that comes along with international trade. You focus on only certain aspects that are positive to only a few people, and forget the collateral damage that is IMPOSED on others as a result of this system.

Forget for a moment that I strongly disagree with you about the effects of international trade. Let's say you are correct...and your alternative to imperfect capitalism is what?

 

[francoHFW]

FDR ended a lot of the SUFFERING of the FIRST Pub Depression with gov't work programs and assistance. It was too late to stop the bleeding like TARP and the stimulus did for the SECOND Pub Depression.
WWII ended it. Quite a jobs program. The GI Bill educated the populace, setting up the post war boom. We need jobs bills and a new GI++ bill NOW, as well as cuts and the rich paying their fair share.

 

[georgephillip]

Third party, write in. Those are just a couple of alternatives. I know it freaks the left out when I mention I havent voted for a single GOP candidate since 2004.

I can also say I will never vote for a dem for the rest of my natural life.,

There are existing third party candidates already appearing on enough ballots across this country to give millions of Americans a reasonable alternative to "choosing" between Democrat OR Republican in 2012.

When an individual votes third party, it usually works to her disadvantage.
When millions of individuals vote third party, things Change.

Your simplistic (I'm trying to be polite and not use the word stupid) either/or is just fucking moronic. That you don't understand that should embarrass you.

What is it I don't understand?

That millions of American voters already have a variety of third party choices appearing on their ballots?

Isn't it at least as simple to vote Green, Reform, Libertarian or AIP as it is to "choose" between Republican or Democrat?

Would you care to share your voting preferences with the rest of us?

 

[francoHFW]

Third party has never worked- But RWers should always do that...

 

[georgephillip]

The cause of the size of the divide between the rich and poor is pretty obvious. It's what the parable about the Ant and the Grasshopper was all about.

One man works hard, saves, invests, gets skilled and gets rich. Another lays arounnd smoking dope, drinnking beer and "puts in his time" at work. He's poor. The longer the two people continue their courses of action the richer the rich man will get.

.....Until he can finally afford that new gas-oven.

"The enduring heart of Rand’s totalistic philosophy was Marxism flipped upside down. Rand viewed the capitalists, not the workers, as the producers of all wealth, and the workers, not the capitalists, as useless parasites."

Back-Stabbing/Throat-Cutting Capitalists;
The New Master-Race!!
(Since 1980)​

[ame=http://www.youtube.com/watch?v=e9mWAxHpeew]Gordon Gekko - "I create nothing, I own." - YouTube[/ame]​

Paul Ryan walks the "Path to Prosperity."

"When Ryan warns of the specter of collapse, he is not merely referring to the alarming gap between government outlays and receipts, as his admirers in the media assume. (Every policy change of the last decade that increased the deficit—the Bush tax cuts, the Medicare prescription-drug benefit, the wars in Afghanistan and Iraq—Ryan voted for.)

War on the Weak - The Daily Beast

 

[Dr Grump]

The cause of the size of the divide between the rich and poor is pretty obvious. It's what the parable about the Ant and the Grasshopper was all about.

One man works hard, saves, invests, gets skilled and gets rich. Another lays arounnd smoking dope, drinnking beer and "puts in his time" at work. He's poor. The longer the two people continue their courses of action the richer the rich man will get.

If only it was that simple....

 

[georgephillip]

Third party has never worked- But RWers should always do that...

Third parties NOT party.

The same social networking technology that filled Tahrir Square and Zuccotti Park could convince millions of US voters to vote AGAINST all Republicans AND Democrats in 2012.

What changes if a hundred incumbents are FLUSHED from DC in a single news cycle?

 

[Rocko]

Who is wrecking America?

Politicians, liberal ones to be more specific.

 

[georgephillip]

Who is wrecking America?

Politicians, liberal ones to be more specific.

Can you name any politicians that aren't wrecking America?

 

[Truthseeker420]

i am hooking my horse to the successful cart

not the entitled whiners

why so they can run over you with it?